2019-07-03 11:35:00 Wed ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
U.S. regulatory agencies may consider broader economic issues in their antitrust probe into tech titans such as Amazon, Apple, Facebook, and Google etc. House Judiciary Committee now expects to hold the inaugural session on anti-competitive practices among these tech companies. This new investigation represents the first congressional probe into allegations that these tech companies may abuse their quasi-monopoly power with suspicious anti-competitive behaviors.
House Democrats back this landmark investigation, and Republicans also have huge concerns around the potential abuse of tech monopoly power (although most conservatives intend to avoid excessive government intervention). Federal Trade Commission and Justice Department focus on how Facebook and Google affect consumer privacy and competitor survival across the news media landscape. The regulatory agencies also probe into whether Apple abuses its market power in collaboration with Spotify to dominate digital music and the key iOS app ecosystem. Moreover, the regulatory agencies examine whether Amazon not only drives down retail prices but also conducts collusive schemes in e-commerce.
Antitrust scrutiny remains one of the biggest bipartisan tech issues. The regulatory agencies may impose punitive fines to diminish the market power of the tech titans, or may break up some of the tech titans for better consumer welfare and competitor survival.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-12-04 12:30:00 Monday ET

Bank leverage and capital bias adjustment through the macroeconomic cycle Abstract We assess the quantitative effects of the recent proposal
2018-05-04 06:29:00 Friday ET

Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the telecom merger proposal between Sprint and T-Mobile a
2018-01-06 07:32:00 Saturday ET

Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure,
2026-01-31 10:31:00 Saturday ET

In recent years, several central banks conduct, assess, and discuss the core lessons, rules, and challenges from their monetary policy framework r
2025-08-02 13:31:00 Saturday ET

Chip Espinoza, Mick Ukleja, and Craig Rusch shine fresh light on the core competences for managing millennials as part of the new modern workforce in recent
2018-02-03 07:42:00 Saturday ET

Quant Quake 2.0 shakes investor confidence with rampant stock market fears and doubts during the recent Fed Chair transition from Janet Yellen to Jerome Pow